Motorola's Profit Jumps

BRIEFCASE

October 7, 1997

Motorola Inc. Monday reported higher third-quarter earnings of $266 million, or 44 cents a share, despite a special pretax charge of $95 million to exit the Macintosh computer-clone business. A year ago, the company earned $206 million, or 34 cents a share. Excluding the special charge, which was equivalent to about 10 cents a share after taxes, Motorola earned $328 million, 54 cents a share. Sales totaled $7.4 billion, up from $6.5 billion a year ago.